Post Tagged with: "Bloomberg"

Line Targeting One Billion Users Of Messaging App By 2015
/ April 14, 2014 4:28 pm
Line Targeting One Billion Users Of Messaging App By 2015

Bloomberg reports that Line Corp., the operator of the most-popular mobile messaging app in Japan, plans to double its users to more than 1 billion globally by next year, according to its CEO Akira Morikawa who made the comment at a conference in Tokyo last week. . Read More

Sony Plans to Sell Gracenote Audio-Recognition Service
/ December 19, 2013 2:22 pm
Sony Plans to Sell Gracenote Audio-Recognition Service

Bloomberg reports that Sony Corporation is looking to sell its audio-recognition software business, Gracenote, which has annual revenue in the $100 million to $200 million range. Sony acquired Gracenote in 2008 for $260 million. The company provides software that allows Apple iTunes and other digital retailers to recognize songs using metadata. The company also works with the television industry, assisting marketers to target advertisements based on demographics. Read More

AllThingsD Founders to Launch New Venture with NBCUniversal
/ December 10, 2013 9:13 am
AllThingsD Founders to Launch New Venture with NBCUniversal

The founders of popular technology blog AllThingsD have signed a deal to launch a competing news and conference business with NBCUniversal, Bloomberg reported, citing people familiar with the matter. Walt Mossberg and Kara Swisher announced their planned departure from parent News Corp. in September. They are expected to bring their current staff to the yet-to-be-named venture, which they will control as majority investors. . Read More

Intel Looking to Sell Online Pay TV Service for $500 Million
/ November 26, 2013 2:23 pm
Intel Looking to Sell Online Pay TV Service for $500 Million

Intel, the Santa Clara-based chip-making giant, is looking to sell its online pay TV service, OnCue, for about $500 million, Bloomberg reported, citing anonymous sources with knowledge of the situation. Possible buyers reportedly include Verizon Communications, Samsung Electronics and Liberty Global. Bloomberg said that Intel is looking to finalize a deal by year's end. Read More

Bloomberg News: Apple Sells Record 9 Million IPhones in Debut Weekend
/ September 23, 2013 10:28 am
Bloomberg News: Apple Sells Record 9 Million IPhones in Debut Weekend

Bloomberg News reports that Apple Inc. (AAPL:US) sold 9 million iPhones over the weekend close to doubling its previous sales record and "alleviating investor concern about a prolonged slump" at one of the world’s largest technology companies. . Read More

Bloomberg: IBM Said to Commence U.S. Job Reductions
/ June 13, 2013 2:31 pm
Bloomberg: IBM Said to Commence U.S. Job Reductions

Bloomberg reports that International Business Machines (IBM), the world’s largest computer-services provider, has started reducing U.S. jobs within its global restructuring strategy announced in April, a person familiar with the matter said. The job slashes focuses on employees having a range of seniority, from rank-and-file staff to executives, said the person, who asked not to be named since the information is confidential. . Read More

Bloomberg: Google Said To Be Thinking About Purchasing Waze
/ May 24, 2013 4:49 pm
Bloomberg: Google Said To Be Thinking About Purchasing Waze

Bloomberg reports that Google Inc., creator of the Android operating system, is thinking of buying map-software provider Waze Inc., which may lead to a possible bidding war with Facebook Inc., people familiar with the matter said. . Read More

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